Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Bank Of Utah SBA Loan Pleasant View, UT

 

 
Loan Census SBA Loan Info

Business Loan from Bank Of Utah Given to Plumbing, Heating, And Air-Conditioning Contractors Company

An SBA loan from Bank Of Utah typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pleasant View, Utah business owner got a $11,600 loan.

This growing company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of Utah, out of Ogden, Utah. The loan was granted and they received $11,600 to help grow their Pleasant View, Utah business.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
PLEASANT VIEW, UT 84414

SBA Loan Lender

BANK OF UTAH
2605 WASHINGTON BLVD
OGDEN, UT 84401

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

9/25/2003

Loan Approval Gross Amount

$11,600

Loan Approval from the SBA

Of the total $11,600 loan amount, the SBA guaranteed $5,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 10 new jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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Small Business Banks in Ogden, Utah

SBA Lenders in Utah